
Traders on the floor of the New York Stock Exchange. Investors are expecting a proposed price cap on Russian oil to further tighten oil markets. AFP
Traders on the floor of the New York Stock Exchange. Investors are expecting a proposed price cap on Russian oil to further tighten oil markets. AFP
Oil prices surge to 2-month high on hopes China will ease Covid restrictions
The Group of Seven advanced economies will finalise the implementation of the price cap 'in the coming weeks'